Accumulation Unit Values. The Accumulation Unit value for each Sub-Account on any Valuation Day is determined by multiplying the Accumulation Unit value on the prior Valuation Day by the net investment factor for the Valuation Period. The net investment factor is used to measure the investment performance of a Sub-Account from one Valuation Period to the next. A net investment factor is determined for each Sub-Account for each Valuation Period. The net investment factor may be greater or less than one, so the value of an Accumulation Unit can increase or decrease. The net investment factor for any Sub-Account for any Valuation Period is determined by dividing (1) by (2) and subtracting (3), where:
Appears in 11 contracts
Samples: Protective Variable Annuity Separate Account, Protective Variable Annuity Separate Account, Variable Annuity Account a of Protective Life
Accumulation Unit Values. The Accumulation Unit value for each Sub-Account on any Valuation Day is determined by multiplying the Accumulation Unit value on the prior Valuation Day by the net investment factor for the Valuation Period. The net investment factor is used to measure the investment performance of a Sub-Account from one Valuation Period to the next. A net investment factor is determined for each Sub-Account for each Valuation Period. The net investment factor may be greater or less than one, so the value of an Accumulation Unit can increase or decrease. Net Investment Factor β The net investment factor for any Sub-Account for any Valuation Period is determined by dividing (1) by (2) and subtracting (3), whereas follows:
Appears in 7 contracts
Samples: PLAIC Variable Annuity Account S, Variable Annuity Account a of Protective Life, Protective Variable Annuity Separate Account
Accumulation Unit Values. The Accumulation Unit value for each Sub-Account on any Valuation Day is determined by multiplying the Accumulation Unit value on the prior Valuation Day by the net investment factor for the Valuation Period. The net investment factor is used to measure the investment performance of a Sub-Account from one Valuation Period to the next. A net investment factor is determined for each Sub-Account for each Valuation Period. The net investment factor may be greater or less than one, so the value of an Accumulation Unit can increase or decrease. Net Investment Factor β The net investment factor for any Sub-Account for any Valuation Period is determined by dividing (1) by (2) and subtracting (3), whereas follows:
Appears in 2 contracts
Samples: Sep Ira Agreement, Sep Ira Agreement